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- forextrader01 replied Jun 17, 2010
Sell in resistances, buy in supports, sell in supports breakouts, buy in resistances breakouts, 10 pips of SL, 20 pips of TP. That's all you need. You can make it even with buy and sell limits and with buy and sell stops, spending only 5 minutes at ...
Any investment ideas for 1% return
- forextrader01 replied Jun 17, 2010
I don't know what is the exact percentage of unemployment to people under 30, but I think that is higher. For under 25 the unemployment rate is 44%. Here you have all the stadistical data from the last study of April 30th url web: url
EURUSD
- forextrader01 replied Jun 17, 2010
Spain (my country) already has all the money to pay our public debt of July (the most important payment of this year). In spanish (I have not found it in other language, you can translate it through google for example): url We don't need more debt ...
EURUSD
- forextrader01 replied Jun 17, 2010
Hahahaha the euro is unstoppable, where are the eurozone attackers? We are stronger than USA and its sh*t currency. We have better fundamentals, we have better economy, we have less debt and we have no longer negative news, all hail the EU, the ...
EURUSD
- forextrader01 replied Jun 15, 2010
Order partially closed at 91.175. But until price dont touch 90.199 this can't be considered a perfect trade.
10 perfect trades
- forextrader01 replied Jun 14, 2010
Is +780% per day achievable? — Yes, it is: url
5% per day is achievable
- forextrader01 replied Jun 14, 2010
I'm not going to wide SL, when a support/resistance is broken by more than 20 pips, it is broken, even if after the price reverses itself, like we saw with EURUSD last week, but the resistance was already broken, that's because now we see the EURUSD ...
10 perfect trades
- forextrader01 replied Jun 11, 2010
I want that you code me this EA, if its possible: after a high price movement, for example +50 pips in 2 minutes, to put a sell stop below the low of the last minute bar, but only if the distance between the high and the low of the last minute bar ...
I code your Expert Advisors / Indicators
- forextrader01 replied Jun 11, 2010
Tell me why a human brain is better to find patterns than a matematical method running in a machine. You can't predict the future even if your intuition is the best in Earth, face it. Human intuition is overrated and the only fact here is that noone ...
Trading is an intuition business
- forextrader01 replied Jun 11, 2010
I like it, maybe I begin to write some scalping EAs, I have it pending, because the only fact in Forex is its high noisy, and its possible that it can be used to take some pips. After 1 year trading I'm still testing strategies, some in long term ...
What frustrates you the most about trading?
- forextrader01 replied Jun 11, 2010
Maybe you're right, but the purpose of this journal is to find "perfect" trades, if a trade is perfect, the relation between SL and TP must be, at least, 5x, also, one rule is buy in supports and sell in resistances, if a S or a R is broken by more ...
10 perfect trades
- forextrader01 replied Jun 10, 2010
SL hit, -16 pips, it wasn't a good trade this one.
10 perfect trades
- forextrader01 replied Jun 10, 2010
I have to say that I don't trade through MT4, I use it only for charting. I prefer other platforms like Trading Station II of FXCM or Navigator Pro of MBT... But MT4 is still for me the best platform for charting. I hate it to trade because MT4 is ...
10 perfect trades
- forextrader01 replied Jun 10, 2010
2nd attempt — This is the second candidate to become a perfect trade: Sell EURUSD @ 1.2117 at the last strong support that has turn into a resistance, SL: 1.2133, TP: 1.1931 image It is also the 50% retracement in the daily chart: image ...
10 perfect trades
- forextrader01 replied Jun 10, 2010
How do you trade now?
What frustrates you the most about trading?
- forextrader01 replied Jun 10, 2010
To open a trade, then wait to close it, after 48 hours of lateral market between 30 pips I can't wait more and close it with tiny profit or no profit, then, a couple of hours after the price begin to move +200 pips in the direction of my former ...
What frustrates you the most about trading?
- forextrader01 replied Jun 8, 2010
I disagree. I have few years watching live data in MT4 and a year live trading and the conclusion I come is that I have no intuition, maybe it's cause my right brain, I don't know, but now I trust more in analysis of historical data and how to apply ...
Trading is an intuition business
- forextrader01 replied Jun 8, 2010
I don't recommend you remain in Alpari. ECNs with low deposits, you have MBTrading (400$) and Dukascopy (1000$), FXOpen is a scam. Oanda is a MM, yes, but they are the most reliable MM out there and they are one of the largest liquidity owners, they ...
I have 2000 USD what could i do?
- forextrader01 replied Jun 8, 2010
Fact, I have blowed up 3 of my 4 accounts till now, after 1 year my net balance is still negative. I'm thinking in retiring of forex, if in next 6 months I can't recover what I've lost, I will definitively retire from forex.
95% losers - Fact or Fiction?